How much do solar panels cost in 10036?

A standard 6kW residential solar system in 10036 (New York, NY) costs approximately $19,320 before incentives. After the 30% federal Investment Tax Credit, the net cost is $13,524.

How much will I save with solar panels in 10036?

Homeowners in 10036 can expect to save approximately $1,494 per year on electricity bills with a 6kW solar system, for a total of around $37,350 over 25 years.

How long is the payback period for solar in 10036?

The estimated payback period for a 6kW solar installation in 10036 is 9.1 years after the federal tax credit. This is based on 4.06 kWh/m²/day average solar irradiance and local electricity rates of $0.21/kWh.

Solar Panel Cost in 10036

Last updated April 14, 2026 · Source: NREL and SEIA

New York, New York · Good ROI

Payback 9.1 years

6kW System Cost Breakdown

Gross Installation Cost $19,320 $3.22/W installed

Federal Tax Credit (30%) −$5,796 ITC through 2032

Net Cost After Credit $13,524 Your out-of-pocket cost

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Savings & ROI for 10036

Annual Electricity Savings $1,494 At $0.21/kWh local rate

Annual Solar Production 7,112 kWh 4.06 kWh/m²/day irradiance

Break-Even Point 9.1 years Good ROI

25-Year Net Savings +$23,826 After total system cost

Solar Loan Calculator

Financing a 6kW solar system in New York? Estimate your monthly payment and total interest below.

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Assumes fixed-rate loan. Actual rates vary by lender and credit score. Solar-specific loans from Mosaic, GoodLeap, or Sunlight often offer lower rates than personal loans.

Solar Resource in New York

New York (10036) receives an average of 4.06 kWh/m²/day of solar irradiance, based on latitude 40.759°N and New York regional weather patterns from NREL data. At the local electricity rate of $0.21/kWh, a 6kW system generates roughly $1,494 per year in bill savings.

Solar irradiance vs. US average (4.5 kWh/m²/day)

07.5 kWh/m²/day

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Nearby Zip Codes in New York

10001 New York, NY 9.1 yr payback $1,494/yr savings 10002 New York, NY 9.1 yr payback $1,494/yr savings 10003 New York, NY 9.1 yr payback $1,494/yr savings 10007 New York, NY 9.1 yr payback $1,494/yr savings

How We Calculate Solar Costs for 10036

Costs are based on the average price per watt for New York ($3.22/W), applied to a standard 6kW residential system. Solar irradiance is derived from NREL PVWatts data for latitude 40.759°N, adjusted for local weather patterns. Electricity rate uses the New York EIA average of $0.21/kWh.

The 30% federal Investment Tax Credit (ITC) applies as a credit against your federal income tax liability. Many states offer additional credits; check your state's energy office for local incentives.